President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.
The Asian Development Bank (ADB) on Tuesday announced a broad financial support package aimed at helping developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East.
Economic Planning Secretary Arsenio Balisacan cautioned lawmakers that a prolonged Middle East conflict could trigger a severe economic shock in the Philippines, with surging oil prices threatening to reverse gains in poverty reduction.
The Bureau of the Treasury (BTr) partially awarded its Treasury bill (T-bill) offerings on Monday, signaling a cautious stance as yields climbed amid heightened geopolitical tensions in the Middle East.
Alex Eala served Manila its Sunday headline hot and early, with coffee brewing and pandesal fresh from the oven, dishing out a crisp 6-3, 7-6 win over Magda Linette to punch her ticket to the Round of 16 of the Miami Open.